What happens when there are gaps in technology between nations?
Venezuela- The gaps of technology in Venezuela would be that they got 70 state-of-the-art computers and flat screen monitors. That could make the countries around them try to steal the computers and fight for the technology to make them.
Brazil- The gaps of technology in Brazil would be the fast growing of computer market. The outcome of that would be that the countries near it would want the technology so it is possible that the countries near Brazil could try to take them over.
How does economic decison making become more global as the world becomes more interdependent?
Making econonic decisons effects other countries if they depend on you. If you are interdependant countries and nations then you rely on each other for economy and other decisons. The upside is when one economy rises then other countries are effected in a good way. The downside is when a country's economy falls then the places dependant on them are effected and they get hurt too.
Do you think Venezuela will have problems if they run out of oil or cannot dig and export it anymore? Will it be profitable to them or just cause problems with all the other countries that depend on that oil?
- Venezuela will be screwed. They get most of their profit from those oil exports, and when they cannot get anymore money from them their economy will collapse, probably just like those countries that depended on that oil.
- Venezuela will be able to relax about having the weight of countries like the United States that depend on their oil off their shoulders. They may lose some money, but they won't have to depend on other countries buying their oil or have to worry about producing anymore oil for countries to depend on.
- What happens when there are gaps in technology between nations?
Venezuela- The gaps of technology in Venezuela would be that they got 70 state-of-the-art computers and flat screen monitors. That could make the countries around them try to steal the computers and fight for the technology to make them.Brazil- The gaps of technology in Brazil would be the fast growing of computer market. The outcome of that would be that the countries near it would want the technology so it is possible that the countries near Brazil could try to take them over.
- How does economic decison making become more global as the world becomes more interdependent?
Making econonic decisons effects other countries if they depend on you. If you are interdependant countries and nations then you rely on each other for economy and other decisons. The upside is when one economy rises then other countries are effected in a good way. The downside is when a country's economy falls then the places dependant on them are effected and they get hurt too.- Do you think Venezuela will have problems if they run out of oil or cannot dig and export it anymore? Will it be profitable to them or just cause problems with all the other countries that depend on that oil?
- Venezuela will be screwed. They get most of their profit from those oil exports, and when they cannot get anymore money from them their economy will collapse, probably just like those countries that depended on that oil.- Venezuela will be able to relax about having the weight of countries like the United States that depend on their oil off their shoulders. They may lose some money, but they won't have to depend on other countries buying their oil or have to worry about producing anymore oil for countries to depend on.